PJM can delay its 2019 capacity market auction for three months, says FERC New York — The US Federal Energy Regulatory Commission Thursday granted PJM Interconnection’s request to delay its 2019 capacity market auction by three months in order to allow time to implement rule changes ordered by the commission to address the impact of … Continue reading PJM can delay its 2019 capacity market auction for three months, says FERC→
Stakeholders Across the Spectrum Ask FERC to Reconsider Its PJM Capacity Market Ruling Clean energy advocates, power plant owners and states fear FERC overstepped its bounds in demanding a remake of country’s biggest capacity market. Power plant operators, environmental and consumer groups, and states covered by PJM Interconnection are asking the Federal Energy Regulatory Commission … Continue reading Stakeholders Across the Spectrum Ask FERC to Reconsider Its PJM Capacity Market Ruling→
Potential federal power plant subsidies complicate PJM capacity market rulemaking PJM doesn’t want to fight over ‘every single tax code provision’ The issue of how to define and address subsidies to power generation resources that participate in PJM Interconnection’s capacity auctions proved to be a challenge Wednesday when stakeholders met to discuss capacity market rule … Continue reading Potential federal power plant subsidies complicate PJM capacity market rulemaking→
PJM asks FERC to delay 2019 capacity market auction The PJM Interconnection asked the Federal Energy Regulatory Commission on Tuesday to allow it to delay its May 2019 capacity market auction if the commission cannot make a final decision on rules for the market by early January. PJM and its member states asked FERC last … Continue reading PJM asks FERC to delay 2019 capacity market auction→
Vehicle-to-grid could be ‘capacity on wheels’ for electricity networks “There are already many Gigawatt-hours of batteries on wheels”, which could be used to provide balance and flexibility to electrical grids, if the “ultimate potential” of vehicle-to-grid (V2G) technology could be harnessed. That’s according to a panel of experts and stakeholders convened by our sister site … Continue reading Vehicle-to-grid could be ‘capacity on wheels’ for electricity networks→
ERCOT supply tightness, strong PJM capacity market boost NRG earnings: CEO Houston — Tight supply conditions in the Electric Reliability Council of Texas and disciplined capacity market bidding in the PJM Interconnection contributed to significant NRG Energy year-over-year earnings growth in the second quarter of 2018, CEO Mauricio Gutierrez said Thursday. In NRG Energy’s second-quarter … Continue reading ERCOT supply tightness, strong PJM capacity market boost #NRG earnings: CEO→
PJM CEO: Grid operator will respond to FERC capacity market order within 60 days The PJM Interconnection will respond within 60 days to a landmark order from the Federal Energy Regulatory Commission finding its capacity market unjust and suggesting major changes, CEO Andy Ott told Utility Dive. FERC last month rejected two proposals from the … Continue reading PJM CEO: Grid operator will respond to FERC capacity market order within 60 days→
FERC Nixes PJM’s Fixes for Capacity Market Besieged by Subsidized Resources In a 3–2 decision, the Federal Energy Regulatory Commission (FERC) rejected approaches filed by PJM Interconnection to reform its capacity market, whose integrity and effectiveness has been increasingly and “untenably threatened” by state subsidies for preferred generation resources, the federal regulatory body acknowledged. The … Continue reading FERC Nixes PJM ’s Fixes for Capacity Market Besieged by Subsidized Resources→
PJM: Capacity Performance rules improved generator results, though less for coal and oil PJM Interconnection has completed the first assessment of its new Capacity Performance (CP) generator standards, concluding that the enhanced payments and penalties did spur widespread improvements in generator performance — though not for coal and oil units. The grid operator said it … Continue reading PJM: Capacity Performance rules improved generator results, though less for coal and oil→
Report: Clean energy to dominate new capacity investments CLEAN ENERGY: A Bloomberg New Energy Finance analysis predicts 85 percent of investments in new energy capacity through 2050 will go to zero-emissions technologies. (Bloomberg) POLICY: A new group with Republican backers announces plans for a national carbon tax and dividend with support from major fossil fuel … Continue reading Report: Clean energy to dominate new capacity investments→
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